Prosecutors Seek Evidence of FTX’s Bankruptcy and Super Bowl Ad in Sam Bankman-Fried’s Trial
Next month’s trial of former FTX CEO Sam Bankman-Fried is set to begin, and both sides are preparing their arguments. Bankman-Fried’s lawyers are pushing to exclude evidence related to FTX’s bankruptcy and his resignation as CEO. They argue that this evidence is irrelevant to the charges against him.
However, prosecutors believe that evidence of FTX’s bankruptcy is crucial to understanding Bankman-Fried’s alleged crimes. They argue that the bankruptcy is tied to misappropriating customer funds and completes the story of his illegal activities.
Bankman-Fried’s lawyers also oppose the admission of FTX commercials featuring celebrities like Tom Brady and Gisele Bündchen. They claim that showing these commercials to the jury would give the false impression that their client defrauded U.S.-based customers.
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